Survey: Top economists see slowing economic recovery from coronavirus pandemic in 2021 mdjonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mdjonline.com Daily Mail and Mail on Sunday newspapers.
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Among the priorities of Southwestern College next president/superintendent are to create a more welcoming environment on campus and to encourage students not to abandon their academic goals amid the difficulties generated by the pandemic.
Mark Sánchez was recently selected by the Southwestern College Governing Board to replace Superintendent Kindred Murillo, who is retiring in March.
Sánchez now serves as assistant superintendent/vice president of Student Success and Support Programs and College Centers at Cuesta College in San Luis Obispo.
In his more than 20 years of experience, he has put in place programs that promote equity, diversity, and inclusion among students and employees.
Survey: Top economists see slowing economic recovery from coronavirus pandemic in 2021
The U.S. economy in 2021 will continue to recover from this year’s steep coronavirus-induced downturn, but at a much slower pace than earlier in the spring, according to Bankrate’s Fourth-Quarter Economic Indicator survey.
The nation’s top economists are expecting joblessness a year from now to sink by less than one percentage point to about 6 percent, compared with its current level of 6.7 percent meaning unemployment will still hold well above pre-pandemic levels. Meanwhile, U.S. employers are seen as adding back an average of 321,205 positions a month, a tepid pace that sets the stage for another 2.5 more years before the financial system fully recovers the 22.2 million positions lost during the pandemic.
San Diego unemployment at lowest rate since COVID hit [The San Diego Union-Tribune]
San Diego County’s unemployment fell to 6.6 percent in November, its lowest level since the pandemic began, state labor officials said Friday.
. However, the survey results are from the week ending Nov. 15, the day before the county was placed in the state’s most restrictive COVID-19 closure protocol, called the purple tier. That action moved restaurants, bars, gyms and movie theaters to outdoor-only and retail capacity was reduced.
It is likely the unemployment rate will rise in the next report because of COVID restrictions placed on businesses. But the pace at which people went back to work in San Diego County gave some analysts hope. In May, the unemployment rate reached 15.2 percent, its highest ever since record-keeping for the county began in 1990.